TMI BlogPurchase of assets by certain personsX X X X Extracts X X X X X X X X Extracts X X X X ..... Corporate Debtors) Regulations, 2019 - Act-Rules - 18. Purchase of assets by certain persons. (1) The following persons shall not purchase or acquire any interest in the property of gua ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ny where the guarantor or a creditor is a promoter or director; (e) any associate of the guarantor, creditor or resolution professional. (2) The Adjudication Authority may set aside ..... X X X X Extracts X X X X X X X X Extracts X X X X
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